I work at a PE shop with around 3bn in AUM. We recently hired an outsourced compliance firm and they're now requing to have a "direct feed" which provides them with real time access to all employees bank accounts and trading accounts. They asked for my account details and passwords as well as my wife's. Not only do I not like sharing passwords and what not with some random company but this seems super over the top for a PE firm, no? It's not like we are a hedge fund with material public exposure. If they wanted me to give them a quarterly print out of my trading activity i would be okay with that but a direct feed seems nuts...
Trending Content - Private Equity Forum
| +110 | Is Everyone Too Bearish on PE? | 34 | 2d |
| +44 | MF Tech PE 2026 | 17 | 4h |
| +26 | Do you think PE has actually helped you become a better entrepreneur? | 10 | 1h |
| +25 | Q&A: What It’s Actually Like Working at an Independent (Fundless) Sponsor | 4 | 4d |
| +22 | Best Finance Clubs at UC Berkeley for IB/PE? | 4 | 14h |
| +21 | UMM PE or High Paying Strat Finance? | 13 | 2d |
| +19 | Moving from LevFin / Private Credit to PE Buyout – How to Position My CV? | 2 | 7h |
| +16 | Portfolio Marks | 8 | 1d |
| +15 | Overwhelmed by amount of data / granularity | 3 | 3d |
| +15 | DELETE | 1 | 3d |
Career Resources
Dolorem commodi quis magnam aut. Aut iusto in aut neque et. Mollitia laboriosam omnis blanditiis.
Magni deserunt esse ea amet. Aut ducimus rerum voluptas error et accusantium placeat dolorum. Iste nam odit sit earum vitae occaecati.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...